Is Profit Center is created before Cost Center in CO ? if
yes, then why?
Answers were Sorted based on User's Feedback
Answer / samrat chatterjee
yes u can, bcoz cost center has to assign with profit
centers.
| Is This Answer Correct ? | 12 Yes | 0 No |
Answer / vivek
Suppose if you you select in filed status group as "Cost
Center" and checked profit center as a required field.Then
definately we need to create profit center first before
creating cost center.
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / k.l.paliwal
Cost Center is real object whereas Profit Center is Statistical object. Hence Profit Center is required to assign while creating Cost Center which ensure all postings flows into Profit Centers. For correct financial reporting at Profit Center Level, we need to create Profit center before creation of Cost center.
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / david y
no, you do not have to. If you do not need PCA, can even
leave it.
| Is This Answer Correct ? | 1 Yes | 4 No |
Answer / mangaiah
first of all we create cost centers , after that we create
profit centers
after creation of profit centers ,
profit centers assign in cost centers transaction code is KS02
| Is This Answer Correct ? | 1 Yes | 10 No |
What is a cost center category? : co- cost center accounting
difference between base line date and value date?
What is application packaging in SAP FICO
how to view trial balance how to prepare balance sheet how to carry forward balceces of G/L ACCOUNTS, VENDORS, CUSTOMERS AND FIXED ASSETS PLEASE VERIFY ALL THIS QUESTIONS I CANT UNDERSTAND HOW TO DO.
3 Answers Hindustan Unilever Limited,
suppose if client wants to open all the periods up to 2016 how to do that?
Can one chart of accounts be assigned to several company codes?
tell me 5 top most critical tickets in sap fico ?
What is Standerd SPl Gl Indicater Of Tresery
Is linux supported as a frontend platform?
Hi What is the difference between House Bank and Bank Account.
give some tickets on sap fi/co module?
Hi Is it that Dunning is Created at COA level or Company code Level.
SAP Basis (1262)
SAP ABAP (3939)
SAPScript (236)
SAP SD (Sales & Distribution) (2717)
SAP MM (Material Management) (912)
SAP QM (Quality Management) (99)
SAP PP (Production Planning) (523)
SAP PM (Plant Maintenance) (252)
SAP PS (Project Systems) (138)
SAP FI-CO (Financial Accounting & Controlling) (2766)
SAP HR (Human Resource Management) (1180)
SAP CRM (Customer Relationship Management) (432)
SAP SRM (Supplier Relationship Management) (132)
SAP APO (Advanced Planner Optimizer) (92)
SAP BW (Business Warehouse) (896)
SAP Business Workflow (72)
SAP Security (597)
SAP Interfaces (74)
SAP Netweaver (282)
SAP ALE IDocs (163)
SAP Business One (110)
SAP BO BOBJ (Business Objects) (388)
SAP CPS (Central Process Scheduling) (14)
SAP GTS (Global Trade Services) (21)
SAP Hybris (132)
SAP HANA (700)
SAP PI (Process Integration) (113)
SAP PO (Process Orchestration) (25)
SAP BI (Business Intelligence) (174)
SAP BPC (Business Planning and Consolidation) (38)
SAP BODS (Business Objects Data Services) (49)
SAP BODI (Business Objects Data Integrator) (26)
SAP Ariba (9)
SAP Fiori (45)
SAP EWM (Extended Warehouse Management) (58)
Sap R/3 (150)
SAP FSCM Financial Supply Chain Management (101)
SAP WM (Warehouse Management) (31)
SAP GRC (Governance Risk and Compliance) (64)
SAP MDM (Master Data Management) (0)
SAP MRS (Multi Resource Scheduling) (0)
SAP ESS MSS (Employee Manager Self Service) (13)
SAP CS (Customer Service) (0)
SAP TRM (Treasury and Risk Management) (0)
SAP Web Dynpro ABAP (198)
SAP IBP (Integrated Business Planning) (0)
SAP OO-ABAP (Object Oriented ABAP) (70)
SAP S/4 HANA Finance (Simple Finance) (143)
SAP FS-CD (Collections and Disbursements) (0)
SAP PLM (Product Lifecycle Management) (0)
SAP SuccessFactors (33)
SAP Vistex (0)
SAP ISR (IS Retail) (28)
SAP IdM (Identity Management) (0)
SAP IM (Investment Management) (0)
SAP UI5 (59)
SAP SCM (Supply Chain Management) (51)
SAP XI (Exchange Infrastructure) (49)
SAP Cloud Platform (34)
SAP Testing (89)
SAP SolMan (Solution Manager) (63)
SAP MaxDB (116)
SAP GUI (15)
SAP AllOther (329)